The USA Just Proposed Scary Cryptocurrency Regulation for 2021 | Bitcoin Holders BE READY for FinCEN
Is cryptocurrency legal in the US? FinCEN just proposed KYC regulation for withdrawing cryptocurrency to private wallets in 2021. Bitcoin and altcoin holders: Let's discuss!
Altcoin Daily, the best cryptocurrency news media online!
https://public-inspection.federalregister.gov/2020-28437.pdf
How I Would Invest $1000 in Cryptocurrency in 2020
https://www.youtube.com/watch?v=5C7AHzCLN70
Follow us on Twitter:
https://twitter.com/AltcoinDailyio
Follow me [Austin] on Instagram here:
https://www.instagram.com/theaustinarnold/
TimeStamps:
00:00 New Cryptocurrency Wallet Regulation
03:03 How Does this Affect You?
06:35 DEXs & Privacy Coins
07:26 THIS IS SILLY!
09:27 Bitcoin will Explode
***********************************************************************
🏺Support The Channel!!🏺(We Get A Kickback From These Affiliate Links)
Support us on Patreon here 👇 and be a part of exclusive content and voting power
https://www.patreon.com/AltcoinDaily
-- Buy Bitcoin w/ the Cash App! The easiest way to buy bitcoin in 2020 in the US!
Try using my code and we'll each get $5. PPPNHGX
http://cash.app/app/PPPNHGX
-- Buy Bitcoin on Coinbase and we both receive $10 in Bitcoin!
https://www.coinbase.com/join/arnold_w23
-- Get a Nano Ledger S: Best Way to Keep your Cryptocurrency Safe!
https://www.ledger.com/?r=29fd4d75e9bc
-- Keep Your Bitcoin Private Keys Safe w/ CryptoTag:
https://cryptotag.io/?tap_a=43968-acc4ff&tap_s=691429-c09060
-- Fold App: Get 20,000 sats by using my referral code: “KzalHqIQ”
https://use.foldapp.com/r/KzalHqIQ
-- To open an IRA with iTrustCapital & get 1 month FREE use code "ALTCOIN" or click this link:
https://bit.ly/3oNgEU6
***********************************************************************
#Bitcoin #Cryptocurrency #Invest #Crypto #TheFed #News #Litecoin #Cardano #Ethereum #DigiByte #Litecoin #Invest #Binance #Elastos #PundiX #Tron #IOTA #Ripple #XRP #Starbucks #StellarLumens #Google #Vechain #cryptocurrency #news #btc #eth #litecoin #marketanalysis #entrepreneur #business #success #investment #finance #bitcoins #StockMarket #BestCryptocurrency
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, news, best investment, top altcoins, ethereum, best altcoin buys, bitcoin crash, xrp, cardano, chainlink, ripple, buy bitcoin, yearn finance, bitcoin price prediction, cryptocurrency news, cryptocurrency news media, cryptocurrency investor, december 2020, Cryptocurrency Regulation for 2021, fincen cryptocurrency wallet, fincen, usa cryptocurrency, Bitcoin Holders, january 2021, steve Mnuchin, us treasury,
#bitcoin #cryptocurrency
Is cryptocurrency legal in the US? FinCEN just proposed KYC regulation for withdrawing cryptocurrency to private wallets in 2021. Bitcoin and altcoin holders: Let’s discuss!
Altcoin Daily, the best cryptocurrency news media online!
https://public-inspection.federalregister.gov/2020-28437.pdf
How I Would Invest $1000 in Cryptocurrency in 2020
https://www.youtube.com/watch?v=5C7AHzCLN70
Follow us on Twitter:
https://twitter.com/AltcoinDailyio
Follow me [Austin] on Instagram here:
https://www.instagram.com/theaustinarnold/
TimeStamps:
00:00 New Cryptocurrency Wallet Regulation
03:03 How Does this Affect You?
06:35 DEXs & Privacy Coins
07:26 THIS IS SILLY!
09:27 Bitcoin will Explode
***********************************************************************
🏺Support The Channel!!🏺(We Get A Kickback From These Affiliate Links)
Support us on Patreon here 👇 and be a part of exclusive content and voting power
https://www.patreon.com/AltcoinDaily
— Buy Bitcoin w/ the Cash App! The easiest way to buy bitcoin in 2020 in the US!
Try using my code and we’ll each get $5. PPPNHGX
http://cash.app/app/PPPNHGX
— Buy Bitcoin on Coinbase and we both receive $10 in Bitcoin!
https://www.coinbase.com/join/arnold_w23
— Get a Nano Ledger S: Best Way to Keep your Cryptocurrency Safe!
https://www.ledger.com/?r=29fd4d75e9bc
— Keep Your Bitcoin Private Keys Safe w/ CryptoTag:
https://cryptotag.io/?tap_a=43968-acc4ff&tap_s=691429-c09060
— Fold App: Get 20,000 sats by using my referral code: “KzalHqIQ”
https://use.foldapp.com/r/KzalHqIQ
— To open an IRA with iTrustCapital & get 1 month FREE use code “ALTCOIN” or click this link:
https://bit.ly/3oNgEU6
***********************************************************************
#Bitcoin #Cryptocurrency #Invest #Crypto #TheFed #News #Litecoin #Cardano #Ethereum #DigiByte #Litecoin #Invest #Binance #Elastos #PundiX #Tron #IOTA #Ripple #XRP #Starbucks #StellarLumens #Google #Vechain #cryptocurrency #news #btc #eth #litecoin #marketanalysis #entrepreneur #business #success #investment #finance #bitcoins #StockMarket #BestCryptocurrency
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, news, best investment, top altcoins, ethereum, best altcoin buys, bitcoin crash, xrp, cardano, chainlink, ripple, buy bitcoin, yearn finance, bitcoin price prediction, cryptocurrency news, cryptocurrency news media, cryptocurrency investor, december 2020, Cryptocurrency Regulation for 2021, fincen cryptocurrency wallet, fincen, usa cryptocurrency, Bitcoin Holders, january 2021, steve Mnuchin, us treasury,
#bitcoin #cryptocurrency
Related
){kind=link}
They are starting to regulate it in order to keep the dollar alive
DER !!! what did you think was gunna happen.
India already made compulsory KYC requirement to get Bitcoin.
I am holding it, not a problem.
Bitcoin will thrive…. Not a problem.
Doesn't make since since the limit is so low ($3k). There will be 'millions' of these transactions. How can this huge amount of information be cheaply/profitably accessed and used? Could understand if the limit was say >> $1million.
World order needs to know where monies are being spent for consumerism.
Communist and abhorrent….
It doesn't sound like a big deal. It's just like when the government wants to know if you have over $10,000 invested in another country.
Susan Bossmann told me about this rise and now its happening, I'm glad i listened to her as my btc portfolio is on a steady increase.
The best investment one can do right now is investing on Forex though stocks are good ever since i swapped to Forex, I've seen so much difference
3:00 Almost impossible to log Social Security numbers and other forms of identification verification. Right now we have widespread identity theft. But honestly I think the only type of crypto currencies of value is POW. Anything such as POS, Tokens, Stable coins will see government regulation.
Look…… most likely this is just a measure to stop shady people from doing criminal activity. The same thing exist for fiat currency. If a person is moving via a money orders/cashier's checks over the amount of 3k, then they have to fill out a large currency transaction report……this includes transactions of cash that ttl over 10k. Both have to fill out a large currency transaction report -and if the bank feels that if your are still doing something shady, but are moving money under the 3k/10K….they still have the right to fill out the large currency transaction report because of your suspicious activity…..stop over thinking things…….
Remember that the C I A and government regulators are all part of the biggest money launderers out there. They are doing this to stop others from cutting into their business. Crypto/centralized banks will always be best and preferred. Take it away and I will find a replacement in days or make one.
I don't own any crypto. I am also not American. Love following the space
Tethers fraudulent coin will crash market same way Freddie and Fannie crashed real estate In 08. It's even the same chart pattern as sandp500. Get ready it's coming soon they are currently being investigated
they just want to kill the decentral idea… they want to kill the financial freedom^^ as always xD
I'd be very interested to hear Andreas Antonopolis' thoughts on this matter
Great things always get ruined by the Government
Putting all in my European exchanges. See how you like it when everyone else will.
Idiots! Stop scaring people to introduce your new economy. XRP is the showcase to show what SEC can do.
Nobody is afraid of bitcoin. Nobody wants your control.
Thanks for the insight I am going to share this with my team of investors that getting daily payouts on crypto currency. This is going to require more hands and tweaking on these rules. I can see government is getting very imitated of crypto currency that they can not control. Well I will continue to strategize and utilize crypto currency to buy other assets and make my money and bitcoin work for me every single day. Thank you for the video.
Investing in crypto now is really cool especially with the current rise in the market for now
The government owns the people. It is what it is. Unless you’re one of those who thinks we live in a free country. Hehehe
I hope this really happens!
No this is terrifying. If they do this they will reserve the right to veto access to certain wallets. Anyone who holds crypto could be locked out from spending their funds. It would also slow the efficiency of crypto IMMENSLY because the netowrk would have to accomotate identity verification software for every exchange. Worst of all, it invalidates crypto currency as a true, soverign currency, devoid of human manipulation, by permanantly teathering it to biased regulation and the failing US dollar.
Looks like it's time to swap all to monero